Chinese woman charged in trade secrets theft

DES MOINES, Iowa — Federal agents have charged a Chinese woman in a conspiracy to steal trade secrets from U.S. seed corn companies.

Mo Yun was arrested in Los Angeles and indicted Wednesday on a charge of conspiracy to steal trade secrets. The federal indictment said she is one of seven Chinese nationals to be indicted as part of an operation to steal patented seed corn from fields in Iowa and Illinois and ship it to China to try to reproduce its traits.

Federal prosecutors in Des Moines said the team worked for Chinese conglomerate DBN Group.

Mo Yun is the wife of DBN’s chairman, Shao Genhou, and the sister of Mo Hailong, the international business director for the company, who was arrested in December and is awaiting trial.

More in Herald Business Journal

3 must-try doughnuts when Top Pot opens in Edmonds

After two years of work, the popular Seattle chain is opening its second Snohomish County location.

Mother-in-law homes popular after cities ease restrictions

Lynnwood and Everett are seeing a spurt of growth after changing city codes to allow for this development.

Facebook bans Trump-affiliated data firm Cambridge Analytica

The company allegedly held onto improperly obtained user data after claiming to have deleted it.

Boeing’s newest 737 Max makes first flight over Seattle

Prospects for the new aircraft — the Max 7 — are hazy, as low-cost carriers migrated to larger models.

Boeing’s an early casualty as investors dig in for trade war

The company’s share price is headed toward its biggest weekly slump in more than two years.

A niche Bothell publisher is becoming a mortgage matchmaker

Scotsman Guide has long served lending professionals. Now it’s offering information to borrowers.

Premera pledges $250M of tax cut to health coverage, charity

Cocoon House is among the beneficiaries, receiving $1.6 million from the non-profit health insurer.

Surge in airline hiring boosts interest in aspiring pilots

Boeing predicts that the U.S. will need 117,000 new pilots by 2036.

Superstore chain Fred Meyer to stop selling guns, ammunition

Guns have been sold at nearly 45 of more than 130 stores in Oregon, Washington, Idaho and Alaska.

Most Read